What Happens if I Don’t Disclose But Knew They Were There?

In some states, bed bugs are not a disclosure that is required by law. However, if you live in a state where it is, there can be some serious consequences in not disclosing a bed bug infestation. The most common is canceling the purchase.

Some buyers put a contract in place that includes contingencies to give them a way out of a purchase agreement without losing any money by requiring a return of what is in escrow. You can also face the potential risk of getting sued or having to reach some sort of agreement or settlement. This will end up with you needing to pay monetary damages, costs of extermination, and other fees.

If you’re looking to sell a house or condo with bedbugs, we’re here to help. We can get you the answers to all your questions and get you on your way to selling your home or condo. Call us now for a free consultation.

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Related FAQs

Who Typically Buys Houses With Bed Bugs and Why?

Typical buyers would include:
  • Real estate investors
  • Land buyers
  • Wholesalers
  • Companies looking to acquire a block of land or a building to make a rental
  • House flippers
These types of buyers do not intend on living there, but buy these homes to fully gut and rehab or rebuild. In turn, they can sell the property for more money than their purchase price. Basically, a buyer would... read more?

Do They Need to Be Gone Before You Can Sell?

No. But many homebuyers require a pest inspection along with the traditional home inspection, and bed bugs can typically deter a potential buyer. From a legal perspective, sellers are only required to fix structural defects, and anything that violates a building code or safety standards. In regards to bed bug infestations, the buyer can negotiate the added costs of removal.... read more?